EPFO e-Nomination: A part of the salary of every person whether government or private employee will be deposited in the Provident Fund. The account holder can withdraw the money deposited in the PF account after retirement or in case of emergency, but in case of death of an account holder, the nominee can withdraw the money deposited in the account.
For this reason, the Employees’ Provident Fund Organization asks the account holders to complete the process of e-nomination at the earliest. Giving information on this matter, EPFO has said that you can do the nomination of EPF / EPS (EPF / EPS) by following some easy steps.
If an account holder does not complete the nomination process, then he can lose the entire 7 lakh rupees. This amount is given to the nominee after the death of the account holder.
If a person dies while in service, then the nominee of the EPF employee gets a minimum sum assured of Rs 2.5 lakh and a maximum of Rs 7 lakh. This amount is deposited in the bank account till the nominee.
In such a situation, it is very important to complete the process of e-nomination for the social security of the family. Know how you can file e-nomination.
For this, you first visit the EPFO website and select the For Employees option there. After this select Member UAN or Online Service.
After that enter your UAN number and password. After this, in the e-nomination, click on the save option in the Provide Details option. After this, click Yes on Provide Details and fill the name of your nominee. After that click on Save Nomination. After this, an OTP will come on your mobile, enter it and the process of your nomination will be completed.